(Bloomberg) -- Ginnie Mae, a $2.7 trillion stalwart of the US home mortgage market, is the latest Washington agency targeted by Elon Musk. Over the past week, as much as a quarter of the agency ...

TCB initially brought the case against Ginnie Mae and the U.S. Department of Housing and Urban Development (HUD) in late 2023.

Ginnie Mae would go on to deny the accusations outside of material facts related to agreements between all parties, as well as regulations governing the HECM-backed securities (HMBS) program.